The growth in “green energy” projects follows EU efforts to make the region a competitive, low-carbon economy, explains Aramark chief executive Donal O’Brien.
“Realising the energy efficiency potential of buildings is central to the EU’s energy efficiency policy and we anticipate growing demand for our building retrofit services which will create additional employment of engineering and science graduates in our energy management division.
“These jobs will be located in Ireland primarily, but as we export our service capabilities across Europe, there is the potential for additional job creation and growth,” he said.
Its clients include Forfás, Liffey Meats and the Royal Victoria Eye & Ear Hospital.
The scale of the potential market is highlighted by the fact that buildings across the EU waste €270bn every year and account for 40% of CO2 emissions, explains Mr O’Brien.
“According to the Forfás ‘Cost of Doing Business in Ireland 2012 Report’, Ireland is the fourth most expensive location in the euro area for electricity. After employee costs energy is one of the biggest costs on businesses, and this is only set to increase in the future, given our dependence on imported fossil fuels.
“Energy efficiency is a priority for many companies and retrofitting is an investment which yields immediate and substantive savings to the bottom line,” said Mr O’Brien.
Aramark is currently implementing the country’s largest energy efficiency campaign in 250 state buildings on behalf of the OPW in order to assist with the reduction of 20% in total carbon dioxide emissions.
“We have found that through staff behavioural changes alone, savings of up to 20% can be achieved”, said Mr O’Brien.
“These are world-class projects which are generating interest among our clients across Europe and we will be looking forward to supporting such interest in the medium term,” he added.